I Want To Be a Rich Man on Hong Kong Island

Chapter 552: [Hutchison Acquisition Battle 2]

  Chapter 552【Hutchison Acquisition Battle 2】

  Qi Dezun came to HSBC and found Shen Bi and Sundas for help;

   "Two, please help me this time!" Qi Dezun said urgently.

  Since the insight of Wu Guangyao's intention to Hutchison Foreign Trade, Qi Dezun has become a bird of surprise;

  The powerful Jardine Foreign Company is not his opponent, let alone a badly damaged Hutchison Foreign Company.

  Shen Bi frowned, feeling very dissatisfied with Qi Dezun in his heart;

  In the past two years, Hutchison Bank has done some things that harm HSBC’s interests;

  For example, if you choose to borrow from Everbright Bank, it is even more excessive that after borrowing from Everbright Bank, most of HSBC’s loans are paid off in advance.

  For a bank, lending is the most important thing. Hutchison International’s doing this has already made HSBC’s senior executives dissatisfied;

  But Hutchison Bank also gave a good reason, that is, Everbright Bank's loan interest is too low, so low that the senior management of Hutchison Bank could not refuse.

  In this way, there are some gaps between the two sides!

   However, no matter how dissatisfied with Qi Dezun, Hutchison Bank is a large British bank after all, and HSBC will not die, at least if there is hope to save it.

  Shen Bi said calmly: "Mr. Qi Dezun, why don't you go to China Everbright Bank, they are your staunch supporters!"

Qi Dezun said with a wry smile: "Two, I know that the cooperation with HSBC Bank has indeed been reduced in the past two years, but I really have no choice; one 8% interest and the other 13% interest, it’s you. Which bank should I choose?"

  Shen Bi said incredulously: "What? Everbright Bank actually gave you 8% loan interest?"

  At this time, loan interest on Hong Kong Island is generally in the range of 12% to 16%, and 8% loan interest is extremely rare;

  In addition, the counterparty is China Everbright Bank, so Shen Bi is a bit weird!

Qi Dezun nodded and said, "I am also to blame for being stunned by the hot stock and local markets in Hong Kong. The previous two loans also mortgaged 15% of Hutchison International's shares, and then Everbright Bank became Hutchison. The largest creditor in the world; until now, I have discovered that Wu Guangyao has the heart to win the Hutchison Foreign Exchange!"

   "What?" This time Sundarshi and Shen Bi exclaimed almost at the same time.

  Qi De Zun is a bit inexplicable. The two big executives of HSBC Bank, who are so powerful, are really abnormal today!

"I'm just guessing that the unfavorable news of Hutchison International suddenly broke out in the market, making Hutchison International's situation instantly dangerous. With the addition of Everbright Bank's first and second loans, it took the initiative to use Hutchison International's shares. Pledge, so I guess Wu Guangyao is interested in Hutchison International! Two people, Hutchison Overseas is not a Wharf, Hutchison is a real British-owned large-scale foreign company; if Chinese dominate Hutchison, what is the dignity of our British Empire? "

   Pray Dezun’s words made the two HSBC executives snorted in their hearts;

  For HSBC, interest is the fundamental;

  And since the easing of Sino-US relations, the senior management of HSBC Bank has made two preparations:

  First, build a good relationship with the Chinese, hoping that HSBC will have a good relationship with the mainland in the future, and HSBC will continue to be Hong Kong’s ‘central bank’;

  Second, HSBC went out of Hong Kong and became a major international bank.

  So, if the British-owned Oceanic Bank itself has a major problem, HSBC will never help it regardless of its interests!

  What's more, this matter involves Wu Guangyao, which makes HSBC think about it;

  Both of them think of the scene in the Global Group yesterday. They have always been with HSBC and Wu Guangyao, who has always been in harmony with HSBC, and showed dissatisfaction.

  Importantly, the Global Group took out the handle of HSBC, but did not attract it. What is the intention?

  At this time, Sandus and Shen Bi of HSBC suddenly thought of something;

  Could it be to warn HSBC not to interfere with his staying in Hutchison International?

Thinking of this, Shen Bi, who was dissatisfied with Qi Dezun himself, said: "Mr. Qi Dezun, the current situation of Hutchison Holdings cannot be solved with a few loans, but Hutchison Holdings itself has a huge problem. It is the meaning of all the senior executives of HSBC. In other words, HSBC is now lending to Hutchison Bank, and Hutchison Bank is unable to make changes, so the risk of this loan is very high!"

Qi Dezun said dissatisfied: "Mr. Shen Bi, more than 200 Hutchison International companies, as long as they overcome the immediate difficulties, they will develop rapidly afterwards and provide a lot of profits."

Shen Bi shook his head and said, "The current difficulties? The oil crisis will not end within two or three years, so this is not the current difficulties at all. It is a protracted battle. I urge Mr. Dezun to convene a shareholder meeting as soon as possible and discuss it together. That’s the key!"

   After listening to Qi Dezun, he had no choice but to stand up and say goodbye!

Sundarsh ​​said to Shen Bi: "There are two choices before us: one is to support Qi De Zun, but this will certainly offend those who want to take Hutchison Foreign Trade Co., Ltd., and they really see it through. His opponent; one is to give up Qi Dezun, we take the initiative to befriend him, the matter of the Universal Group is over, in the future we can still securely receive a large amount of dividends from the Universal Group."

Shen Bi nodded and said: "It's like two boats. Our compatriots are the boat that sailed into the storm's mouth. The Chinese capital is the boat in the calm sea. It goes without saying who I choose! It's just that I have always hoped to support more. Chinese-funded enterprises balance the power of Hong Kong’s business."

  Sangdashi naturally knew Shen Bi’s thoughts, his successor was indeed very ambitious;

   But he did one thing wrong, that is, he can support other Chinese capital, but he must not annoy Wu Guangyao;

  There was a saying in the past that the people in charge of Hong Kong are: the Hong Kong Government, the Jockey Club, HSBC, and Jardine Matheson;

  But now it is said that the people in charge of Hong Kong are: the Hong Kong government, the Wu family, the Jockey Club, and HSBC;

  The Wu family is still ahead of the Jockey Club and HSBC, and it can be said to be on par with the Hong Kong government.

  Hutchison International stocks on the market fell again and again, but Wu Guangyao did not buy a share;

  Because Wu Guangyao already owns 16% of Hutchison International’s shares and has become a director of Hutchison International;

  Once there is an action, it will inevitably be discovered by others and fall into inferiority;

  Since it has been decided to make a friendly acquisition under the condition of a stable victory, why bother to be greedy for that little bargain;

  What's more, there is absolutely no hope that Hutchison International’s shares will rise within a year.

  So, Wu Guangyao directly made an appointment with Qi Dezun, planning to showdown.

  The 50th floor of Cheung Kong Building, a high-end restaurant.

  "Mr. Qi Dezun, looking down on Victoria Harbour and Kowloon Peninsula from here, is it a feeling?" Wu Guangyao said with a smile.

  This high-end restaurant is under the management of Shangri-La Hotel. Good environment and luxurious dishes are the advantages of this high-end restaurant.

  Although the scenery outside is good, the dishes on the table are even more expensive, but Qi Dezun is still not in the mood to pay attention to it;

  I just want this one to have a showdown to himself!

   "It's really good!" Qi Dezun said absently.

  Wu Guangyao knew that it was time to get to the point, otherwise today’s banquet would be boring!

   Wu Guangyao said: "Mr. Qi Dezun, if I want to have some guesses, then I will say it generously! Hutchison International has now entered a dead end, Mr. Qi Dezun, do you plan to just consume it like this?"

Qi Dezun immediately retorted: "Mr. Wu is serious. The stock market cannot truly reflect the operating conditions of a company. Hutchison Holdings is still a group with huge assets."

  Wu Guangyao shook his head and said unceremoniously: "Hutchison International has reached a dead end. Within a year at the latest, it will collapse. Mr. Qi Dezun should not deceive himself."

  Qidezun said angrily: "Mr. Wu just takes care of his company!"

Wu Guangyao said with a smile: "I am an important shareholder of Hutchison Holdings. Mr. Qi Dezun is too unwilling to take us shareholders to heart! Mr. Qi Dezun, you are a major shareholder of Hutchison Holdings, Hutchison. If the foreign company goes bankrupt, you will suffer the most. Therefore, I hope that both of us will cooperate!"

  Hearing the cooperation, Qi Dezun breathed a sigh of relief and said: "So, Mr. Wu has no intention to enter the Hutchison Business?"

  Wu Guangyao's next words made Qi Dezun furious again.

  "My opinion is that I will buy 20% of Mr. Qi Dezun's shares to become the owner of Hutchison Holdings; I can sign contracts with shareholders to ensure that Hutchison Holdings will turn losses into profits within three years."

  Qidezun immediately said: "Impossible! Hutchison International is my painstaking effort, I will not give up this position! If Mr. Wu is optimistic about Hutchison International, I welcome your investment!"

Wu Guangyao once again persuaded: "Mr. Qi Dezun, it was not that I attacked you. You can't take Hutchison Overseas Bank out of the quagmire; if Hutchison Overseas Bank continues like this, even if I don't let you give up, HSBC will not agree. If you continue to stay in the position of Hutchison Bank’s big class, other shareholders will also oppose you! At that time, you will be in a passive position! If you transfer 20% of the shares to me now, you still have at least 15% of the shares, I I am confident that Hutchison Holdings will return to its peak soon. 15% of your shares will be worth several billion Hong Kong dollars. I see, and I do business in partnership, but not everyone can take my ride."

  Qi Dezun shook his head and said, "Mr. Wu, although you are very good in business, but there are many British executives in Hutchison Holdings, you may not be able to master them!"

  Wu Guangyao said with a smile: “Most of my family office is American and European. Their abilities are far higher than the management of Hutchison, so the problem you mentioned does not exist.”

  Qi De Zun is willing to step down from the position of the Hutchison Foreign Trade Co., Ltd., and those who have enjoyed the power will not let it go easily.

  In the end, Wu Guangyao only shook his head helplessly, without forcing Qi Dezun.

  Because Wu Guangyao has many ways to let Hutchison Foreign Company belong to his subordinates, he does not want to force Qi De Zun right now.

  The most important thing is that Wu Guangyao and Qi Dezun are friends after all, and it was too stale for a moment, which is really unnecessary.

  Evil, let HSBC do it!

  (End of this chapter)

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